Mitchell & Pahl Private Wealth LLC Buys 63,961 Shares of International Paper Company $IP

Mitchell & Pahl Private Wealth LLC bought a new stake in shares of International Paper Company (NYSE:IP) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 63,961 shares of the basic materials company’s stock, valued at approximately $2,122,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of International Paper during the 2nd quarter worth about $1,940,896,000. Bank of New York Mellon Corp acquired a new position in shares of International Paper during the 2nd quarter valued at about $689,498,000. Atlas FRM LLC acquired a new position in shares of International Paper during the 2nd quarter valued at about $374,904,000. Hill City Capital LP bought a new position in shares of International Paper in the 2nd quarter valued at approximately $194,310,000. Finally, Bank of America Corp DE bought a new position in shares of International Paper in the 2nd quarter valued at approximately $142,802,000. Institutional investors and hedge funds own 81.95% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on IP. Royal Bank Of Canada boosted their target price on International Paper from $48.00 to $52.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Loop Capital set a $61.00 price target on International Paper in a report on Tuesday, July 28th. Wall Street Zen lowered shares of International Paper from a “hold” rating to a “sell” rating in a research report on Saturday, October 3rd. Seaport Research Partners reissued a “buy” rating and issued a $46.00 price target on shares of International Paper in a research report on Wednesday, August 12th. Finally, Argus restated a “buy” rating and issued a $45.00 price objective on shares of International Paper in a research note on Thursday, September 24th. Ten investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, International Paper presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.90.

Insider Activity at International Paper

In other news, VP William Hamic sold 24,500 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $41.20, for a total value of $1,009,400.00. Following the completion of the sale, the vice president directly owned 106,952 shares of the company’s stock, valued at approximately $4,406,422.40. This represents a 18.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Holly G. Goughnour sold 3,500 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $41.96, for a total value of $146,860.00. Following the completion of the sale, the chief accounting officer directly owned 34,248 shares of the company’s stock, valued at $1,437,046.08. This represents a 9.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.21% of the company’s stock.

International Paper Stock Performance

IP stock traded up $0.10 during mid-day trading on Wednesday, reaching $31.91. 5,421,173 shares of the stock traded hands, compared to its average volume of 6,247,427. The firm has a market capitalization of $16.90 billion, a PE ratio of -4.89, a P/E/G ratio of 4.04 and a beta of 0.93. The business has a 50-day moving average of $36.51 and a two-hundred day moving average of $36.03. International Paper Company has a 52 week low of $29.26 and a 52 week high of $50.25. The company has a quick ratio of 0.84, a current ratio of 1.10 and a debt-to-equity ratio of 0.57.

International Paper (NYSE:IP) last posted its quarterly earnings data on Thursday, July 30th. The basic materials company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.08. International Paper had a negative return on equity of 1.09% and a negative net margin of 14.20%. The business had revenue of $6 billion for the quarter, compared to analyst estimates of $6.19 billion. During the same period in the previous year, the company posted $0.20 earnings per share. The firm’s revenue for the quarter was down 11.3% on a year-over-year basis. As a group, equities analysts predict that International Paper Company will post 1.31 EPS for the current fiscal year.

International Paper Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 16th will be issued a $0.4625 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.85 dividend on an annualized basis and a yield of 5.8%. International Paper’s dividend payout ratio (DPR) is -28.37%.

International Paper Profile

International Paper (NYSE: IP) is a global producer of sustainable packaging, pulp and paper products. The company manufactures corrugated packaging, containerboard and other fiber-based packaging solutions used to protect, transport and display goods, along with market pulp and specialty paper products.

Founded in 1898, International Paper has developed operations serving customers across North America and Europe. Its activities also include recycling and the recovery of fiber used in paper and packaging production, supporting the company’s focus on renewable and recyclable materials.

International Paper completed its combination with DS Smith in 2025, expanding its geographic reach and packaging capabilities.